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CFO

LightSquared names Marc Montagner Chief Financial Officer

January 3rd, 2012

LightSquared announced on Tuesday that it has named Marc Montagner as Chief Financial Officer. Montagner replaces Michael Montemarano, who left the firm in November. Montagner specializes in mergers and acquisitions, having previously worked for Dupont Circle Partners and Sprint Nextel Corporation. LightSquared is looking to build its network on 1600MHz frequency spectrum and deploy a 4G LTE network that …

HTC CFO: Puccini tablet will launch in September/October

August 16th, 2011

HTC’s 10-inch Puccini Android tablet will hit the market in September or October, HTC’s chief financial officer Winston Yung said during a press conference at the Taiwan Stock Exchange. We published the first solid images of the Puccini in July when we noted the tablet will likely offer a 1.5GHz processor, an 8-megapixel camera and …

HTC willing to bury the hatchet with Apple in patent battle

July 26th, 2011

Speaking with Bloomberg recently, HTC’s chief financial officer Winston Yung said that his company is open to cutting a deal with Apple over various patents the two companies are currently fighting over. “We have to sit down and figure it out,” Yung said. “We are open to all sorts of solutions, as long as the …

Verizon CFO reaffirms next iPhone will be ‘world phone’, LTE status unknown

May 19th, 2011

In an interview with Reuters, Verizon Communications’ chief financial officer, Fran Shammo, reaffirmed several details about his company’s next iPhone offering. “Verizon’s [next iPhone] version will also work in as many countries as AT&T’s iPhone, which has global coverage,” writes Reuters, paraphrasing Mr. Shammo. The executive also noted that the inclusion of LTE in the …

Verizon: Our next Apple product will be a 'global device'

April 21st, 2011

Verizon Wireless on Thursday confirmed that its next Apple device will be a world phone. The company reported a solid first quarter on Thursday morning, noting that it had activated 2.2 million iPhones, and Verizon’s CFO, Fran Shammo, revealed during a conference call that Apple’s next iPhone will be a “global” phone. Look, it’s not …

Verizon Wireless will move to tiered data plans this summer

March 1st, 2011

Speaking at the Morgan Stanley Technology, Media, and Telecom Conference this afternoon, Verizon CFO Fran Shammo told investors that Verizon Wireless plans to move to tiered data plans in the near future. The plans, which could roll out as early as this summer, may be based on consumption, speed, or a combination of the two. …

Verizon reorganizes executives; CFO, CEO, COO positions shuffled

September 20th, 2010

Today, Verizon announced a top-level, executive-role shuffle to the general public. Beginning on October 1, Dan Mead, current executive vice president and COO of Verizon Wireless, will assume the role of president and CEO of Verizon Wireless. Lowell McAdam, who is currently in the VZW president and CEO role, will move to president and COO …

Garmin weighing costs of phone division

September 13th, 2010

In an interview with Reuters, Garmin CFO Kevin Rauckman was fairly candid when speaking about his company’s foray into the smartphone market place. “We’re pragmatic. If we end up ultimately not successful with units … we’ll have to sit back and evaluate that and consider making the best decision for our business,” said the CFO. …